$55,000 Humanoid Robots Are Cleaning San Francisco Homes While Humans Pull The Strings
Tau Robotics is deploying teleoperated humanoid robots into San Francisco homes and offices, charging customers $30 an hour per machine for cleaning services. The company uses the paid cleaning sessions as a vehicle to collect real-world training data for its artificial intelligence robotics models. Two of Tau’s modified Unitree G1 robots vacuumed, mopped, and wiped…
Economists Warn Fed Rate Hikes Not Over As PPI Surges To Biggest Monthly Gain Since 2022
Wall Street economists are now forecasting an acceleration in the Federal Reserve’s preferred inflation gauge after a surprisingly hot wholesale price report. The producer price index climbed 1.3% in the latest reading, the biggest monthly gain since March 2022 and more than double the 0.6% consensus estimate. That pushed the year-over-year PPI increase to 6.3%,…
ICE Was Hunting A Dead Man When Agent Struck Houston Immigrant With Vehicle, Advocacy Group Says
Texas immigration advocates say the man federal agents were pursuing when an ICE officer struck a Houston immigrant with a vehicle has been dead since 2017. Immigration advocacy group FIEL identified the target as Jose Mendoza-Cervantes, a Mexican national ICE described as having a criminal record and a final order of removal. Jimenez’s daughter provided…
Trump Threatens California Election Officials With Jail Over DOJ Voter Roll Lawsuit
President Trump escalated his administration’s feud with California on Friday, threatening election officials with imprisonment over an ongoing dispute about noncitizen voters. Trump declared on Truth Social that California officials “will all go to jail for a long period of time” if they refuse to cooperate with the Department of Justice. The post shared a…
Space Stocks Sell Off Hard As RDW (RDW) Leads Resilience And RKLB (RKLB) Takes The Biggest Hit
Space stocks endured a bruising week, with Redwire (RDW) posting the smallest decline while Rocket Lab (RKLB) and Firefly Aerospace (FLY) each fell the hardest. SpaceX’s fund proxy (SPCX) dropped 9% over the past week, while AST SpaceMobile (ASTS) fell 13% and both RKLB and FLY each slid 19% during the same period. Redwire (RDW)…
Quantum Computing Stocks (IONQ, RGTI, QBTS) Rebound As Dilution Fears Ease Following Record IonQ Quarter
After a dilution scare sent shares tumbling, IonQ (NYSE: IONQ), Rigetti Computing (NASDAQ: RGTI), and D-Wave Quantum (NASDAQ: QBTS) are clawing back losses in early trading. IonQ stock is up 3% to $32.51, leading the group higher despite carrying a 28% decline year to date heading into the session. Rigetti Computing (NASDAQ: RGTI) is also…
RTX (NYSE: RTX) Edges Out Lockheed Martin (NYSE: LMT) In The Dividend Safety Battle Investors Are Watching
Both Lockheed Martin and RTX reported second-quarter 2026 results on July 23, raising full-year guidance and sparking renewed debate among income investors about dividend reliability. The two defense giants look similar on the surface, but their balance sheets, business mixes, and debt trajectories tell meaningfully different stories for investors who prioritize payout security. Lockheed’s quarter…
Broad Market Rally Signals Leadership Shift As Tech And Chips Stumble
Last week delivered strong gains for the average stock, marking a decisive shift in market leadership away from technology and into energy and defensive sectors. All three major indexes finished higher on the week, but the story was less about the headline numbers and more about what was happening beneath the surface. The equal-weight S&P…
Fed Chair Kevin Warsh Could Deliver An October Rate Hike Surprise As Markets Remain Complacent
Traders are betting overwhelmingly that the Federal Reserve will hold interest rates steady when it meets later this month, but those assumptions may be dangerously outdated. Futures markets assigned just a 15% probability to an October rate hike as of Friday morning, reflecting widespread confidence that the Fed will pause its tightening campaign. That confidence…
Trump Waives Graham Act Russia Sanctions Days After Striking Diesel Supply Deal
President Trump signed an executive order Friday evening to waive sanctions against Russia that were set to take effect under a recently enacted legislative package. Trump signed the sanctions legislation into law last month, and the package was posthumously dedicated to the late Sen. Lindsey Graham (R-S.C.). The legislation sought to pressure the Kremlin to…